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Commodity market outlook

COMEX Gold slipped to their lowest level in last one month as the US dollar strengthened against currency rivals following the Federal Reserve’s monetary policy statement. Yellow Metal has been witnessing constant selling pressure after easing from a six month high. Comex Gold is trading at $1241.30 down 7.20 points (-0.58%) per ounce.

Oil Prices skid down

Crude oil continued to extend its slide under $50 per barrel amid weak equities and elevated US inventories. MCX Crude ended down at Rs 3070 . US data reported by EIA recorded an inventory draw of 0.93 million barrels for the week ending April 28th. Although crude inventories declined to 527.8 million barrels, stocks are 3.1% above year-ago levels.

TESTIMONIALS

Samiul Shanti

Pro advisory gives excellent stocks and future tips.It is a very good platform for new traders like ... Read More

Samiul Shanti

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Samiul Shanti.

Sandeep Paliwal

Dear sir/madam,
This is Sandeep Paliwal from Delhi. I want to thank the team of ADVISORY MANDI that ... Read More

Sandeep Paliwal

Dear sir/madam,
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Nandan Mohanty

"Sir,
i have been following PAC since last 1 month. It is quite beneficial for me to conduct... Read More

Nandan Mohanty

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"

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The information and material contained in these pages and the terms, conditions, and descriptions that appear are subject to change without prior notice. Investments in equity shares, debentures, commodities, etc, are not obligations of or guaranteed by the ADVISORYMANDI , and are subject to investment risks.....More